Yates to turn over Cup team to son Doug in 2008

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Robert Yates [owner of #38 & #88 teams in Cup] plans to turn over the running of his Nextel Cup organization to his son, Doug, after this season. This will be Yates' 40th season in the industry since beginning with Holman-Moody in 1967. "We're giving it a shot so this year I can quit while I'm ahead," Yates said on Saturday at Daytona International Speedway. "Hopefully, I can quit and get in the rocking chair and watch Doug do what he's going to do for the next 20 years." Yates added that Jack Roush's decision to sell 50% of Roush Racing to John Henry and Fenway Sports Group in Boston -- an official announcement will be made Wednesday -- will only strengthen the engine program he shares with Roush. Yates said he will own 50% of the engine program, with Roush and Fenway Sports Group getting 25% each.(ESPN.com)
 
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